Private Lender for Construction Finance

Yes, where the numbers fit. We refinance a lender before or after it issues a default notice, lending up to 70% of the value of the commercial or industrial property the company owns, here the yard and the office, and our loan repays the bank at settlement. Ask the bank today for a written payout figure, including the arrears and default interest, calculated to a date before the notice expires. Send it to us with the property address and a list of the progress claims still owed, and we can give you terms within hours.

• →Refinancing a lender that has issued a default notice or appointed a receiver

Yes. The loan is secured by a first or second mortgage over the commercial or industrial property the business owns, the yard or the depot, never by the retention or the contract. The retention release is the exit, so we set the term to run past the date the defects liability period ends. Send us that date, the clause in the contract that governs the release, and the value of the yard and what is owing on it.

It can. The business is the borrower and your house is the property that secures the loan. If the house is worth $1,400,000 with $500,000 owing, the 70% limit is $980,000, which leaves room for up to $480,000. The exit cannot be whatever the administrator eventually pays, because neither the amount nor the date is known. It needs to be a refinance or the sale of a property, so have your solicitor lodge the claim with the administrator and talk to us about the exit at the same time.

• →Payroll loans

Yes. The loan funds are paid to the business, and the business can use them to give the bank the cash it requires behind the guarantee. The loan is secured by property the business or a director owns. Check when the guarantee is due to be returned. If that is more than 24 months away, our longest term, the exit needs to be a refinance or a property sale rather than the return of the guarantee.

It can, where the business or a director owns property with equity inside the 70% limit. We lend a single amount against that property; we do not run a staged facility that pays out against each build stage. The final payments on the three houses are the exit, so bring us the contract values, what has been paid to date, and the expected handover dates.

• →Second mortgage finance

Quickly, on a clean file. We decide in hours, and settlement within 24 hours is achievable where the title is clear and the exit is defined. The loan funds are paid to the company, which pays the supplier. The security is a property the company or a director owns, and the exit is the next stage payments on the jobs that supplier is delivering to.

Yes. At a price of $1,800,000, the 70% limit allows a loan of up to $1,260,000 against the yard property itself. The remaining $540,000 and the purchase costs come from your own funds, or from a second property added as security. The usual exit is a refinance to a bank once the financials are finalised and the business owns the yard.

• →Urgent industrial property purchase

No. We can lend while the dispute runs, secured by property the business or a director owns. The disputed variations cannot be the exit, because neither the amount nor the date of any payment is known. The exit needs to be a refinance, a property sale, or payments due on other contracts that are not in dispute.

Yes. The company is the borrower, your house is the property that secures the loan, and the loan funds are paid to the company, which pays the ATO. We can still lend after a director penalty notice has arrived, and settlement within 24 hours is achievable on a clean file. Ask your accountant whether any of the amounts are locked down, because that changes what paying them achieves for you personally.

• →Director penalty notice loans

Yes. The company is the borrower, and the loan is secured by your investment property, never by the excavator; the excavator is what the money buys. If the property is worth $900,000 with $200,000 owing, the 70% limit leaves room for up to $430,000. The exit can be a refinance onto equipment finance once the machine is yours, or the sale of a property.

• →Bridging finance for excavators and earthmoving equipment

Yes. The loan is secured by the depot property, never by the council contract. If the depot is unencumbered and valued at $2,000,000, the 70% limit is $1,400,000, so $800,000 sits well inside it. The exit is the council's payment of the first claims, so give us the contract's payment terms and your claim schedule.

Yes. Industrial yards, sheds and depots, part-built and vacant sites, and the director's home or investment property are all security types we assess. Our valuation team is in-house, so a part-built site or a non-standard industrial asset is assessed directly rather than run through a desktop model that cannot price it properly.

No. Lumpy progress-payment income is the normal case in construction, not a red flag. We assess the security value and the exit strategy. If the equity is in the property and the repayment plan is credible, an uneven income line is a timing question rather than a credit question.

We lend from $250,000, up to 70% LVR against the security, and we assess larger loans on the full scenario. Loan terms run from 1 to 24 months, with most borrowers using the facility for 3 to 6 months while the exit completes.

We make a decision in hours rather than days, and settlement within 24 hours is achievable on a clean file with clear title and a defined exit. We lend our own funds and hold our own credit authority, which is the practical reason the timeline looks the way it does.

It needs to be specific and achievable inside the loan term. In construction the strongest exits are a certified progress claim, a retention release, a settlement on a completed job or a land sale, a contract payment run, or a refinance to a longer-term lender where the pathway is demonstrable. A general intention to refinance at some point is not an exit strategy.

Yes. ATO debt is one of the most common reasons construction businesses come to us, and the sector carries more of it than any other in Australia. We clear the position in a single payment secured against the property, which stops the penalty interest compounding, and the facility is repaid from the claim book or a refinance. We can act where a payment plan has already been broken.

Yes. Where the business leases its yard or workshop, the security comes from the director's home or an investment property. That is the standard pattern for subcontractors and trades in this space, and it is not treated as a weakness in the file. This remains business purpose lending secured by property.

Usually not. A second mortgage sits behind your existing first, so a fixed rate does not need to be broken and the first facility stays in place. We review the first mortgage terms before proceeding to confirm no consent or notification obligation is triggered.

Yes. Listed trade defaults are one of the most common things we see on builder files, and they usually reflect a payment chain problem rather than the health of the business. We do need to know what is outstanding, because anything registered against the security property has to clear at settlement. The equity inside 70% LVR and the exit still carry the decision.

We fund ATO debt, statutory demands, payroll, and the purchase or refinance of a part-complete development, among others. We do not fund construction progress draws.

• →urgent short term lending